Issue

December 1988

FEATURES

Behaving in a self-interested manner does not mean disregarding others. On the contrary, because we are social beings who depend on, and often care deeply about many others around us, a sound attention to our self-interest must include a great deal of concern for others.

This year marks the 40th anniversary of Ludwig Erhard's sweeping free market reforms which gave economic freedom to over 80 million Germans and began West Germany's 30-year post-war economic miracle. At the end of World War II, Germany was in a shambles. Fire bombs--more destructive than the atomic bombs that were dropped on Hiroshima and Nagasaki--had completely destroyed Dresden.